Commercial real-estate giant CBRE sees choppy waters ahead due to tariffs: ‘Our outlook has become less clear’

Quick Summary:

"Things went from really good to not as good,” CBRE chairman and chief executive Bob Sulentic said in an earnings call Thursday.

In fact, offices are benefiting from the fact that not a lot were developed over the last few years and companies are now calling their workers back to their desks.

It still predicts core earnings per share between $5.80 to $6.10 for the year.

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Article Details

Author / Journalist: Alena Botros

Category: EconomyBusiness

Markets: United States

Topics: Real Estate Commercial Fortune 500 Tariffs and trade CBRE Group Office buildings Earnings Chief executive officer (CEO)

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-24 @ 15:31:20 (13 hours ago)

News Timezone: GMT +8:00

News Source URL: fortune.com

Language: English

Article Length: 573 words

Reading Time: 4 minutes read

Sentences: 4 lines

Sentence Length: 144 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Fortune

News ID: 28196309

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